GMGN surpasses Hyperliquid in revenue! Behind the $580,000 daily revenue: Is the meme frenzy really back?🚀
Who is the current 'money beast'? The answer may surprise you.
📊 Shocking revenue showdown:
According to the latest data from DeFiLlama, in the past 24 hours:
• GMGN (Meme Trading Terminal): Revenue skyrocketed to $585,300.
• Hyperliquid (Contract DEX leader): Revenue has been strongly surpassed by GMGN.
💡 Why can 'meme coins' outperform 'professional contracts'?
The inversion of this revenue structure reflects a significant shift in market capital flows:
1. Solana & BNB Chain strong comeback: Recently, meme coins like $PENGUIN on the Solana chain and Chinese meme coins on the BNB Chain have gone viral, directly boosting GMGN, which focuses on 'fast, accurate, and stable' trading.
Who is the true 'money printer' in the crypto world? 2025 Annual Report: Tether's profit challenges 168 protocols, Tron earns $3.5 billion effortlessly! 💰
In the 2025 crypto market, who is really making money? It's not the AI concepts you chase, nor the day-to-day short-term trading, but rather — stablecoins and underlying networks.
CoinGecko Research's latest 2025 annual protocol revenue report reveals a brutal but real profit landscape:
1. Tether: The 'Federal Reserve' of the crypto world 🏦
• Absolute Dominance: Tether ranks first in the world with an annual revenue of $5.2 billion.
• Data Terror: Their revenue accounts for 41.9% of the total 168 income-generating protocols.
• Logic: No matter what coin you buy, as long as you are trading, Tether is profiting from the treasury reserves behind it.
The new cornerstone of storage under the DePIN wave: Why will Walrus redefine the sharing economy?
With the full explosion of the decentralized physical infrastructure (DePIN) narrative in 2026, the market began to re-examine the efficiency of the combination of hardware resources and blockchain protocols. Among many storage projects, @Walrus 🦭/acc is rapidly becoming a 'new species' in the storage track due to its unique architectural design. It is not just a protocol; it is a revolution regarding global idle computing power and space.
1. The 'aggregator' that releases idle resources
Traditional centralized storage relies on giant data centers, while Walrus's vision is to aggregate globally fragmented storage resources into an organic whole. Utilizing advanced erasure codes and error correction technologies, Walrus can weave various nodes with different performances and geographical locations into a network with 'industrial-grade stability'.
Sovereignty Belongs to Users: How Walrus Reshapes the 'Memory Layer' of Web3 through Underlying Storage?
When we delve into the essence of Web3, the core always revolves around the word 'ownership'. Ironically, most NFT images and social media content are still hosted on centralized cloud servers. If the storage layer is not secure, so-called ownership is just an empty check. @Walrus 🦭/acc is emerging to solve this issue that concerns the life and death of Web3 from a physical level.
1. From 'Pointer' to 'Existence': The Real Ownership Brought by WAL
In the traditional NFT system, a token is just a 'pointer' to an external link.
Storage Revolution: Why Walrus is the Foundation for Web3's Leap into the Big Data Era?
On this day in 2026, when we discuss the mass adoption of Web3, a long-neglected pain point finally comes to light: decentralized storage that balances cost and efficiency. Traditional storage protocols are either expensive or fail to support dynamic applications due to slow read speeds. The m-113 created by the Mysten Labs team is becoming a game-changer in this space thanks to its innovative architecture.
1. From 'Static Backup' to 'Dynamically Available'
Most early decentralized storage solutions resembled a 'cold backup repository', suitable for storing historical data that is not frequently accessed. However, Walrus has a completely different positioning. Through its unique Red Stuff erasure coding technology, Walrus achieves extremely high data availability. It slices large files (Blobs) and encrypts them to be distributed across global nodes, allowing data to be reconstructed and read in seconds even if some nodes in the network are offline. This feature enables WAL to support real-time social media, full-chain games, and decentralized video platforms, making data truly 'alive'.
The charm of Web3 infrastructure often lies in the resilience of its community, and @Walrus 🦭/acc is currently showcasing this vibrant vitality.
Why is everyone paying attention to Walrus? Not only because it is backed by the top technology of the Sui ecosystem, but also because $WAL is trying to solve a social dilemma: how to ensure that digital memories never fade away.
From decentralized social protocols to personal digital legacies, #Walrus provides a safe, transparent, and economical haven.
When each participant safeguards this storage network through the WAL they hold, we are building not just a server array, but a truly unalterable foundation of civilization. This vision of reshaping trust from the ground up through storage is what attracts me most about this project.
In the world of blockchain, "security" is always the top priority. @Walrus 🦭/acc What I admire most is its amazing fault tolerance achieved in decentralized storage.
Relying on advanced erasure coding technology, Walrus can distribute file slices across global nodes, and even if a large number of nodes go offline simultaneously, your data can still be fully recovered.
This "distributed redundancy" design makes WAL the strongest shield against single point failures.
For enterprise applications with extremely high demands for data sovereignty, Walrus offers not only space but also a digital insurance policy that never gets lost.
In this uncertain era, let your assets and data achieve true "cyber immortality" under the protection of WAL. $WAL
Most storage protocols are only suitable for storing "dead data," but @Walrus 🦭/acc brings data to life.
What amazed me most about Walrus is its dynamic storage capabilities demonstrated after integrating with the Sui ecosystem.
With WAL, developers can directly build high-performance decentralized websites and real-time interactive applications on top of the storage layer.
This means that your full-chain game assets and social media feeds no longer need to rely on centralized intermediaries like AWS, but can truly achieve millisecond-level reading and rendering on-chain.
This leap from a "static repository" to a "dynamic operating environment" is precisely what sets WAL apart from other storage coins. It not only stores data but also carries the operational soul of Web3 applications. $WAL
In the decentralized storage track, the appearance of @Walrus 🦭/acc indeed catches people's attention.
As a storage solution developed by the Sui team, its core advantages lie in extremely high data availability and cost-effectiveness.
Unlike traditional storage protocols, Walrus employs innovative erasure coding technology, which can ensure complete data retrieval even when some nodes are offline, which is crucial for hosting large-scale multimedia files and dynamic content.
With the continuous expansion of the $WAL ecosystem, this underlying architecture, which combines high performance and decentralized characteristics, is very likely to become the preferred storage layer for the next generation of Web3 social and gaming protocols.
Looking forward to more application scenarios exploding after $WAL goes live on the mainnet!
In the year 2026, where AI meets Web3, the "long-term storage" and "instant retrieval" of data have become core bottlenecks. The emergence of @Walrus 🦭/acc just fills this gap.
Relying on the underlying performance of the Sui ecosystem, Walrus is not just a simple cloud disk; it is more like a high-performance "data availability layer".
Through the WAL incentive mechanism, it ensures that large-scale model training data or complex on-chain assets can permanently exist in a decentralized manner with extremely low read latency.
This technological innovation of turning cold storage into "hot" storage is the lifeline that future decentralized computing relies on.
When data truly achieves decentralization and efficient circulation, the value of $WAL will also welcome a qualitative leap. $WAL
Why is dusk the missing piece in the RWA narrative?
In the crypto market of 2026, RWA (real-world assets on-chain) is no longer a novel concept. However, when we discuss the entry of traditional institutional funds on a scale of hundreds of billions, there remains an 'elephant' that cannot be overlooked in the center of the hall: the balance between commercial privacy and regulatory compliance. This is precisely the battlefield where @Dusk showcases its core value.
1. The 'door opener' for institutions entering the market: compliance privacy
For traditional banks or asset management giants, the 'complete transparency' of public chains is, in fact, their biggest pain point. No institution is willing to expose its position strategies, clearing paths, and details of large transfers to the scrutiny of the entire network.
From "Transparent Premium" to "Privacy Sovereignty": How does Dusk redefine digital assets in the wave of compliance?
Looking back from the timeline of 2026, the keywords in the encryption market have shifted from "barbaric growth" to "compliance survival." In this process, most public chains have struggled to reach a difficult compromise between transparency and regulation. However, @Dusk has carved out a third path that respects privacy while embracing regulation through its ingenious zero-knowledge proof (ZK) architecture.
1. Algorithms are laws: The balance between privacy and compliance
In the past, privacy was often misunderstood as the opposite of compliance. But in Dusk's philosophy, true privacy is the cornerstone of commercial civilization.
How DUSK and its Piecrust virtual machine are reshaping the competitive landscape of public chains?
In the decade-long evolution of public chains, we have been indoctrinated with the idea that blockchain must be completely transparent. However, as Web3 applications transition from simple 'asset issuance' to complex 'business collaboration' by 2026, this total transparency has instead become a 'shackle' that hinders innovation. In this context, @Dusk is paving a distinctly different L1 track with its thorough innovation of privacy underlying technologies.
1. Why is the Piecrust virtual machine a core variable?
Most public chains often address privacy issues through Layer 2 networks or cumbersome encryption plugins, which not only increases interaction costs but also leads to a fractured user experience. The core competitiveness of Dusk lies in its natively developed Piecrust virtual machine.
In today's world where on-chain transparency is excessively high, the lack of commercial privacy is hindering the entry of large-scale funds. The solution proposed by @Dusk is eye-catching: it is not only a public chain but also a privacy settlement layer specifically designed for regulated finance.
Through the innovative $DUSK privacy standard, Dusk allows assets to achieve complete anonymity of transaction details while complying with KYC/AML requirements.
This means that institutions can complete compliant settlements without disclosing their holding strategies.
This exquisite deconstruction of "privacy" and "transparency" allows $DUSK to demonstrate its potential for dimensionality reduction in the RWA track. The combination of privacy technology and capital efficiency is the ultimate evolution of finance.
Many people mistakenly believe that the privacy track will be subjected to a comprehensive crackdown by regulators, but @Dusk is providing another answer through technological means: "compliant privacy".
This is precisely the brilliance of Dusk. It does not aim to create an absolute lawless zone, but rather uses ZK proof technology to allow users to prove to regulators that "I am compliant" without having to publicly disclose "my balance" and "my counterpart" to the entire network.
On the underlying protocol built on $DUSK , privacy is no longer a risk, but a right.
As the global crypto regulatory framework becomes clearer in 2026, this privacy infrastructure that can comply with legislation such as MiCA may truly be the long-term asset that can outperform the market.
The second half of the public chain competition is about who can carry more complex business logic. Observing the technology stack of @Dusk , it can be found that it is not just born for simple transfers.
#dusk provides privacy smart contract development tools, allowing developers to build applications that were previously unimaginable: such as decentralized exchanges (Dark Pools) that hide order books, or on-chain voting systems with privacy attributes. In the $DUSK ecosystem, data sovereignty has returned to the users.
This attempt to solve "privacy programmability" from the underlying protocol level makes it stand out in the L1 camp of 2026.
When privacy becomes the standard for DApps rather than an option, we can truly welcome the explosion of Web3.
Observing @Dusk for a long time, what impressed me the most is their insistence on "node popularization".
Through low-threshold node deployment requirements, Dusk empowers ordinary users with the right to participate in network consensus and maintain privacy and financial security.
In the ecological vision of $DUSK , privacy is not for evading regulation, but for protecting business secrets and personal sovereignty.
This "compliant privacy" architecture based on ZK technology is the last piece of the puzzle that breaks down the barrier between traditional finance and DeFi.
I am optimistic that $DUSK will become a trust anchor connecting real assets and the decentralized world!
Why is @Dusk one of the most noteworthy underlying protocols this year? The answer lies in its independently developed Piecrust virtual machine.
Unlike most simple EVM-compatible chains, Dusk has chosen the more challenging yet correct path—building a native architecture that supports ZK (zero-knowledge proofs) from the ground up.
This means that in the $DUSK ecosystem, privacy is no longer a plugin but a fundamental attribute.
As the mainnet progresses, this ability to allow developers to write smart contracts without exposing sensitive data will become key to decentralized finance going mainstream.
What $DUSK is building is not just a public chain, but a "privacy fortress" for future institutional-level Web3 applications.
From the King of Entertainment to the Benchmark of Green Public Chains: A Deep Dive into the Ecological Explosion Logic of Vanar Chain
In the competitive landscape of public chains in 2026, the era of purely pursuing TPS (Transactions Per Second) has passed. The core battlefield now lies in the 'penetration power of application scenarios.' As a leader in the L1 track, @Vanarchain is redefining the mainstream path of Web3 through its unique vertical domain layout.
1. The 'Gravitational Field' of Entertainment and Brands
Unlike the dull technical narratives of other public chains, Vanar was born with a strong 'entertainment gene.' By deeply binding with top global brands and film IPs, it has successfully brought millions of traditional users without a cryptocurrency background into the Web3 ecosystem.
As the L1 track enters the stage of application supremacy, Vanar's performance is indeed impressive.
Designed specifically for entertainment and mainstream users, they are not just stacking technical parameters but are building a low-threshold Web3 entry through VANRY.
What attracts me most is Vanar's commitment to carbon neutrality; this green finance narrative is highly forward-looking in the current regulatory environment.
Whether it's brand collaboration or high-performance architecture, it demonstrates the ability to 'invisible' complex technology.
Looking forward to more ecological applications landing soon!